
INEOS and INEOS Styrolution have jointly played pivotal roles in the evolution of the chemical industry. INEOS, a global chemical company, was founded in 1998 by Sir Jim Ratcliffe and has since become a powerhouse in the petrochemical sector. INEOS Styrolution, a subsidiary formed in 2011, emerged from the joint venture of BASF's styrenics division with INEOS' styrenics business.
INEOS recently turned 25 – remarkable journey full of visions, innovations and opportunities!
Together, we have achieved significant milestones, including the development, commercialisation and circularity of our styrenic products. Our sustainable products touch every aspect of modern day life and cover a wide range of industries, from automotive and electronics to consumer goods and healthcare.
Throughout our shared history, we have solidified our positions as industry leaders and continue to shape the future of the chemical industry through cutting-edge research, global expansion, and a relentless focus on providing sustainable, high-quality solutions to our customers.
We have compiled the highlights in a joint timeline. Take a journey through 25 years of "Driving Success. Together".
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INEOS Styrolution announces super clean recycling process food contact
INEOS Styrolution launches first ECO grade in US
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INEOS Styrolution launches first ECO grade in Asia
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INEOS donates £100 Million to create new Oxford University Institute to fight Antimicrobial Resistance
FIND OUT MOREINEOS Styrolution launches first bio-attributed solutions
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INEOS Styrolution hosts ground-breaking ceremony for its new 600kt ABS plant in Ningbo, China
INEOS and PLASTIC ENERGY to collaborate on advanced plastic recycling facility.
Two further Hand Sanitiser plants opened in US to support hospitals.
FIND OUT MOREThird plant in France setup for Hand Sanitiser production, manufacturing 1 millions bottles per month.
FIND OUT MOREFirst and Second Hand Sanitiser plant opened after just 10 days. FIND OUT MORE
INEOS becomes principle partner to Mercedes-AMG Petronas F1 Team.
FIND OUT MORECompletes the acquisition of BP’s global Aromatics & Acetyls business
FIND OUT MOREINEOS to become a one-third shareholder in Mercedes AMG Petronas Formula One Team
FIND OUT MOREINEOS announces its new INEOS Energy venture
FIND OUT MOREINEOS Automotive confirms acquisition of Hambach production site from Mercedes-Benz
FIND OUT MOREINEOS O&P USA announce the acquisition of Sasol’s Ownership of Gemini HDPE LLC
FIND OUT MORELaunch of a new Clean Hydrogen Business to accelerate the drive to net zero carbon emissions
FIND OUT MOREINEOS agrees to the largest ever industrial wind power purchase contract in Belgium with ENGIE
FIND OUT MORELaunches INEOS Hygienics, a new global healthcare business
FIND OUT MOREWe revealed the design of the new Grenadier 4x4 to the world
FIND OUT MOREAnnounced the acquisition of BPs petchem business. The "lock down deal" was all done virtually by Skype during COVID 19 restrictions
FIND OUT MOREAnnounced our involvement via INOVYN in the Power to Methanol project in Antwerp
FIND OUT MORE -
Mercedes-AMG Petronas comes on board with INEOS Team UK and Team INEOS in new performance partnership
INEOS Styrolution launches new ECO family of sustainable products
Advanced polymer pilot plant opens in Rosignano, Italy
History is made: Eliud Kipchoge becomes first human to break the two-hour marathon in the INEOS’ 1:59 Challenge
INEOS Styrolution hosts ground-breaking ceremony for the new 100kt ASA plant in Bayport, Texas
INEOS Team UK launch Americas Cup Race boat 1 – “Britannia”
Acquires Ashland Composites business becoming INEOS Composites
Acquires French Ligue 1 Football club OGC Nice
$2 billion investment in Saudi Arabia with three world-scale plants announced
INEOS 1:59, the sub two-hour marathon Challenge is announced
INEOS acquires Cristal’s North American Titanium Dioxide business from Tronox for $700 million. Creates INEOS Pigments
INEOS Styrolution achieves breakthrough in chemical recycling of polystyrene (depolymerisation) – the practical proof of the recyclabilityof polystyrene
Team Sky becomes Team INEOS. INEOS acquires Tour Racing Ltd from Sky and 21st Century Fox
INEOS Enterprises sells INEOS Melamines and INEOS Paraforms to Prefere Resins Holding GmbH
£1 billion investment in INEOS UK based businesses announced
INEOS Styrolution completes the acquisition of Foshan and Ningbo PS sites in China
€3 billion petrochemical investment in Antwerp announced
INEOS Oxide acquires Lavéra Ethoxylation Plant
Announcement of development of Infinia recycling technology, which could make PET plastic infinitely recyclable
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Acquires the Flint Hills Intermediates business to be trade as INEOS Joliet
Acquires Ashland Composites Business for $1.1 billion
Celebrates its 20th anniversary with €200 million European investment in its Oxide business
Announces €2.7bn investment a new European cracker, the first in 20 years
Forms INEOS TEAM UK and invests £110m to challenge for the America’s Cup
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Acquires clothing brand Belstaff
Acquires Swiss football club Lausanne Sport
Forms INEOS Automotive to develop 4x4 off-road vehicle
Buys Forties Pipeline System and Kinneil Terminal from BP
Acquires the entire oil and gas business from Dong Energy to become Top 10 oil and gas company in the North Sea
INEOS Styrolution announces completion of the acquisition of the K-Resin® business
Upgrade of Aromatics PTA plant in Cooper River, South Carolina, increasing capacity and reducing emissions and energy use
Acetyls announces investment in Tricoya® wood acetylation, which protects wood from rot and reduces its tendency to swell and shrink
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Buys Solvay’s stake in INOVYN
Moves headquarters back to the UK
First shipment of ethane from US to Europe using purpose-built vessels – part of a 1$bn project
PTAir launches, offering customers in the polyester value chain the opportunity to purchase a lower carbon feedstock
Styrolution changes name to INEOS Styrolution
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Styrolution publishes first qualitative report on sustainability (with subsequent reports published annually)
Buys North Sea gas fields from DEA
First two Dragon ships named
Forms the INOVYN 50/50 JV with Solvay
Styrolution organises its first GO Run For Fun event in Frankfurt, Germany
Acquires further shale gas licenses
Upgrade of Aromatics PTA plant in Geel, Belgium, increasing capacity and reducing emissions and energy use
Introduced latest generation PTA technology in Aromatics facility in Zhuhai, China, which reduces emissions and both liquid and solid waste
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Styrolution becomes a wholly-owned company within INEOS
Ground Breaking HDPE JV plant with Sasol
Acquires Grangemouth power plant from Fortum
Completes purchase of BASF share of Styrolution
Acquires first UK shale gas licenses
Acquires Sasol Solvents Germany GmbH
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Agrees to create a world-class PVC producer with Solvay
First ethane Dragon ships ordered
Implementation of Styrolution’s Triple Shift strategy
Rafnes tank approved
U.S. ethane contracts signed
Project Mariner
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Go-live of Styrolution’s corporate website and eShop
INEOS Technologies and Accsys Technologies form a 50/50 joint venture to develop and commercialise Tricoya® technology and materials
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Kerling acquire Tessenderlo's European Chlor-Vinyls Business
Establishment of the joint venture Styrolution
INEOS and BASF form Styrolution, a new global styrenics joint venture
INEOS Bio joint venture breaks ground on the first advanced waste-to-fuel commercial
refinery in the USAINEOS and Petrochina form trading and refining joint venture in Europe
INEOS acquires NOVA’s 50% share of INEOS NOVA and renames the company to INEOS Styrenics
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INEOS divests its global films business to Bilcare
Signing of Letter of Interest BASF and INEOS to create 50/50 joint venture
INEOS Oxide builds a one million tonne Ethylene Terminal at its Zwijndrecht Facility
INEOS moves its headquarters from the United Kingdom to Switzerland
INEOS Group divests INEOS Fluor to Mexichem Fluor S.A
INEOS brings together INEOS Norway and INEOS ChlorVinyls to create The Kerling Group as a European market leader in PVC and Chlor-Alkali
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INEOS Nitriles make technological breakthrough to improve the global security of supply for Acetonitrile
INEOS Oligomers start up a new 'super flexible' technology innovation for its Linear Alpha Olefin (LAO) unit in Feluy, Belgium
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INEOS Nitriles acquires Seal Sands Acrylonitrile site from BASF
The European Olefins and Polyolefins Business are combined to form INEOS Olefins &
Polymers, EuropeINEOS Silicas is sold to PQ
INEOS Enterprises acquires the VAM and Ethyl Acetate Business from BP
INEOS Bio formed
INEOS acquires Hydro Polymer and the remaining 50% share of the Noretyl Cracker from Norsk Hydro
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An expanded INEOS Nova Styrenics joint venture launched
INEOS acquires 51% of ABS Business from Lanxess and forms INEOS ABS
INEOS acquires Borealis AS and 50% of Noretyl Cracker
INEOS Chlorvinyls completes sale of E-PVC Business to Vinnolit
INEOS Fluor agrees joint venture with Zhejiang Xing Teng Chemical Company Limited to produce HF
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INEOS Enterprises acquires White Salt Business from Salt Union
INEOS Oxide acquires the EO/EG Business from BP in Köln
Creation of INEOS ChlorVinyls joint management board
INEOS restructures Innovene and forms INEOS Nitriles, INEOS Olefins, INEOS Olefins & Polymers USA, INEOS Oligomers, INEOS Polyolefins, INEOS Refining and INEOS Technologies
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INEOS acquires Innovene from BP, a 'transformational acquisition'
INEOS Phenol acquires the Chevron Phillips Cumene plant in Port Arthur
INEOS acquires BASF's US and Canadian Polystyrene Business and forms INEOS Styrenics
Nova Innovene Styrenics joint venture established
Innovene established as a BP subsidiary
INEOS acquires the former Amino Resins Business of UCB from CYTEC and forms INEOS Melamines
EVC becomes fully owned by INEOS and is renamed INEOS Vinyls
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INEOS Enterprises acquires Sulphur Chemicals Business from Rhodia
Formation of INEOS Enterprises
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INEOS acquires Methanova GmbH and forms INEOS Paraform
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INEOS acquires Phenolchemie and forms INEOS Phenol
INEOS acquires a majority shareholding in EVC
INEOS acquires Dow Chemicals' global Ethanolamine and USA/Canadian Gas/Spec™ gas treating Amines businesses
INEOS acquires ICI KLEA and forms INEOS Fluor
INEOS acquires ICI Chlor-Chemicals and forms INEOS Chlor
INEOS acquires Crosfield and forms INEOS Silicas
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Start up of Mobile Phenol plant in Alabama, USA
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INEOS formed to acquire the former BP site at Antwerp from Inspec
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Acetyls creates the Cativa process for manufacturing acetic acid, increasing energy efficiency and production
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EVC floated on the Amsterdam Stock Exchange
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KG Cracker commissioned at Grangemouth
Start up of Antwerp Phenol/Acetone plant
ICI and Teijin Limited joint venture to make KLEA™134A at Mihara, Japan
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ICI open the world’s largest HFC 134A plant at St Gabriel, Louisiana and the world’s first HFC 32 plant in the UK
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ICI commission the world's first HFC 134A plant
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EVC formed through a 50/50 joint venture between ICI and Enichem
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Antwerp site sold to BP Chemicals
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First gas phase Polyethylene plant commissioned at Lavéra
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First PTA plant in Geel, Belgium
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Chocolate bayou site acquired by Amoco for Petrochemical manufacture
Our first PTA plant built in Decatur, USA
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Union Carbide construct Ethylene Derivatives site at Antwerp
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First commercialisation of Ammoxidation process for Acrylonitrile at Lima
Installation of two state-of-the-art Cell rooms at ICI Runcorn site for Chlorine and Caustic Soda production
Leadership in PTA technology starts when purification process invented and key patents filed by Amoco[1]
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Start up of the Erdölchemie GmbH Petrochemical site at Köln, a 50/50 joint venture between BP and Bayer
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HDPE production started at Rosignano
Start up of Bayer ABS Business
Amoco acquires the mid-century technology for purified terephthalic acid (PTA)
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Start up of Gladbeck Phenol/Acetone plant in Germany
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First Naphtha Cracker started in Lavéra
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Start up of the Lavéra, France Petrochemicals facility
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1933 - Lavéra, France Oil Refinery starts production
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Grangemouth, UK Oil Refinery starts production
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First production of Formaldehyde in Mainz, Germany
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Castner Kellner Alkali Co. Lts started production of Caustic Soda at Runcorn, UK